fbpx

A Buyer’s Guide To Property For Sale In Turkey

January 27th, 2020 Posted in Property Investment
No Comments

Property for sale in Turkey can vary dramatically in terms of how easy it is to purchase. While many Turkish nationals are happy to do business with foreigners, things can get lost in translation and, buying a property in a different country is never the same as buying one in your own. This is why working with a reputable agency and employing a competent lawyer to handle the legal proceedings is absolutely vital if you want the purchase of your new home to go off without a hitch. Make a list of things you need to do and stick to it. 

Property For Sale In Turkey For Foreign Investors

A Buyer’s Guide To Property For Sale In Turkey - Istanbul harbour view image

As things stand, foreigners require military permission before they can purchase property or land for sale in Turkey. This can cause some delays so make sure you allow enough time for this to occur. However, in essence, it’s always inadvisable to rush through sales. It allows for mistakes to be made on all sides and may leave you without some of the protections you need. If the reason you’re rushing through a sale is on your own account rather than the buyer’s then this is more acceptable, although be very sure that you’ve chosen the right property and that you know what you’re doing. 

In addition, you’ll want to employ an independent lawyer to examine everything related to the property. Do this before you’ve committed to purchase or paid a deposit. There are plenty of facilities for you to find lawyers in Turkey who speak English or have translation services. Mortgages in Turkey are offered for those foreign nationals who wish to buy houses or apartments for sale in Turkey. However, as in the UK, there are often substantial differences on interest rates and criteria so make sure to check with several banks before choosing one. Click me for the ultimate mortgage resource. There are also property taxes to be paid in Turkey and you’ll need advice on how to deal with these from your lawyer to prevent you falling foul of the law. There are restrictions on buying a property in certain areas and how much of it foreign nationals can buy. Again, it’s wise to consult your lawyer. 

Important Points About How To Buy Property In Turkey

There are as many facets and issues around how to buy property in Turkey as there are in the UK. It’s worth noting that you don’t need a residence permit to buy property, however, purchasing property doesn’t give you residency rights. Always talk to a professional about your status and how this will be affected by your intention to live in Turkey, whether it’s a part-time or full-time arrangement. 

One piece of good news is that you have the right to rent out your property at any time, so if you’re searching for investment properties in Turkey, then you’ll be legally secure. As long as there is a binding contract signed between the landlord and the tenant and the landlord pays the relevant income tax, then you should be okay. 

Something else that you should consider when you’re looking at property for sale is the issue of property deeds. Obtaining a habitation certificate can be quite complicated and time-consuming. It’s advisable to think carefully about the ramifications of buying property without habitation certificates and talk to your legal advisor about this. It can start to seem overly complicated. After all, what you were looking for was a place in the sun to escape to, not all these legal ramifications that can seem to be an impenetrable barrier. 

http://credit-n.ru/zaymi-na-kartu-blog-single.html
,
Read More

The Most Cost Effective Way To Buy And Sell A Home

July 31st, 2019 Posted in Money Tips, Property Investment
No Comments

Buying a new house and selling your old one is not only a stressful process but it can also be a very expensive one too. Even though you are likely to be making some money off the house ‘you’re selling, there are still extra costs that you can easily forget about and may not have accounted for, and they all add up. 

The Most Cost Effective Way To Buy And Sell A Home - exchanging keys image
Photo by rawpixel.com from Pexels

Get The Most From Your Sale

The first thing you need to do to save money when buying and selling your house is to make sure you make as much money as you can from your house and make your house more valuable and get the best price for it. You can do this by decluttering your home but be careful not to depersonalise it. People need to be able to imagine what the property would look like if they were living there, so you need to make it easy for them to see all the fantastic living space ‘you’re offering them but leave some personality in there too. People are often buying into a lifestyle as much as a property, so show them the attractive side of your lifestyle. Once you have done that you could give your home a fresh lick of paint which will make your home seem lighter and bigger and will enable the potential buyers to imagine what they would do to the rooms for their needs. It will also be easier for the buyers to move in and use the rooms immediately if the walls are painted a neutral colour rather than in a bright pink or green. Also make any necessary minor repairs, any holes in walls, broken doorknobs, cracked tiles or torn carpets as people will want to move in and not have to fix things, so get it done for them so they can move in with ease. Then clean everything until it sparkles. Get rid of limescale, clean and repair tile grout, wax wooden floors, get rid of all odours, hang up fresh towels. This will make the place more appealing and allow viewers to imagine living there. Tidy up the garden too.

Be Aware Of Survey Costs

You will need a survey of your house and the house you are planning to buy, and there are three different types of survey that you can get; a Home condition survey which is a basic survey and consists of a visual inspection of the areas that are easy to see and is suitable for new-build and other modern homes. Then there is a ‘Homebuyer’s report, which is a more detailed survey and looks at the inside and outside of the property. It also includes a valuation. Finally, you could get a building or structural survey, which is the most comprehensive survey and mainly suitable for older buildings. The surveyor’s report may raise issues with the property and then ‘you’ll be able to consider whether you still want to go ahead or want to negotiate with the seller about the price. 

Take Your Home Online

Once the house is looking in tip-top shape, then ‘it’s time to look at different ways to sell it. Today, you can do this a lot cheaper by taking your home online. When people are looking to buy a house these days, where is it that they look first? A massive 95% of people look for their new property online, and both Rightmove and Zoopla are averaging over 180 million searches every month, so one of the best options is to look for an online estate agent to keep costs down.  

Choose The Right Lawyer

As mentioned, moving home can be very stressful, whether you are a first-time buyer or ‘you’re an expert and have been buying and selling for years, either way, ‘there’s still a lot to be done, and ‘you’ll need to choose the right legal team to help you too.  According to Keoghs, you should always shop around to find the solicitors that can offer you the expertise, experience and commitment that you need to support you throughout the process, with all fees and costs highlighted and outlined so that you receive a specialist, friendly and efficient service at all times.

Showing Your EPC

When you sell your house, you will need to show the buyer an Energy Performance Certificate to show how energy efficient your property is. To do this, you will have to pay for an accredited domestic energy assessor to come in and look at the loft insulation, the boiler, hot water tank, radiators, lights, windows for double glazing and how the building is ventilated and constructed. A certificate is valid for ten years, and you can usually get an estate agent to recommend one, however, if you have chosen not to use an estate agent then have a look online for recommendations and reviews from other people. If you look on Purple Bricks, their assessors charge £84 for this service. 

You’ll Also Need Insurance 

You will also need to take out buildings insurance to protect your new home against damage from fire, floods, subsidence and other unforeseen circumstance and natural disasters. While ‘you’re doing this, it might be a good idea to look at contents insurance for your possessions too. Like any other insurance, the cheapest option will be to go onto comparison sites and see ‘what’s best for you.  

Paying Stamp Duty

You need to remember that ‘you’ll have to pay Stamp Duty too if you are purchasing a property worth over £125,000. First-time buyers only pay on properties over £300,000 while those with second homes pay on property worth over £40,000. This is a rather significant sum of money, and many people add it to their mortgage.

Removal Costs

Finally, ‘don’t forget about the removal costs. Of course, you can do the moving yourself and pack up the car. Or one of the cheaper options is to hire a van and do it yourself, or if you ‘can’t do that, then a professional removal company will also be able to supply boxes, insure the items and provide temporary storage if there are any delays in the move. 

http://credit-n.ru/zaymi-nalichnymi-blog-single.html
,
Read More

Making a Sale: 3 Tips for Using Forums When Marketing Your Real Estate Online

May 2nd, 2019 Posted in Money Tips, Property Investment
No Comments

There is no doubt that real estate forums are enjoying a noticeable upward trend in growth and that means that you have an opportunity to reach a wider audience and make more connections with buyers and sellers.

Here are some pointers on how to approach this potentially viable marketing channel and what approach you can take to create a following and even become a valuable online resource.

Making a Sale: 3 Tips for Using Forums When Marketing Your Real Estate Online - house for sale image

Make yourself useful

When marketing your real estate you will quickly discover that there are a growing number of internet forums where you can become a useful presence and there are specific forums operated by hosts such as Yahoo that are there just so that people can talk about all things real estate.

The big attraction here is that you have the chance to develop a reputation as a go-to person when someone wants an answer to a question about a real estate issue.

You will need to commit some regular time to the online forum so that you can answer questions quickly and offer some guidance based on your own real estate experience.

Another key point is that if someone posts a comment that they are looking at selling my house quickly you can answer with some general information and even direct some traffic back to your site when answering their question and offering more help.

Be selective

The danger with spreading yourself too thinly across too many forums is that you can end up not being effective or useful on any of them if you don’t have the time to focus on responding promptly to any discussion or general real estate chat going on.

It is well worth being selective and taking the time to find the right forums for your market niche and where there seems to be a decent community that you can tap into.

A good guide would be to find a forum or a section of that forum that is all about real estate.

In addition, you would really want to see that the forum has an absolute minimum of 1,000 members and there have already been upward of 10,000 posts. Using these basic guidelines often help you weed out the forums that aren’t worth your time and finding one that meets this criterion will mean that you are joining in with a community that is large enough and enjoys a healthy online debate about real estate topics.

Check the community guidelines

It is also highly relevant to check the community guidelines on each forum before you start submitting any posts.

You will want to know that you are allowed to post links in your posts or not and whether it is permitted to promote or market your business while using the forum.

If you end up violating any of the rules, even if you do it unintentionally, you could quickly alienate the real estate community you are trying to get to know, which would be bad for business and wouldn’t be great for PR either.

Play by the rules and be prepared to help for free as well as promote when appropriate and you could find that online communities are a great way to grow your contacts and drive your business forward.

http://credit-n.ru/offers-zaim/greenmoney-online-zaymi-za-20-minut.html
,
Read More

Research Is Crucial: 5 Tips for Choosing the Best Real Estate Agent

April 22nd, 2019 Posted in Money Tips, Property Investment
No Comments

A good real estate agent can be a lifesaver when it comes to buying or selling a home, but that only works if you have chosen the right real estate agent for you. When you’re looking to work with a realtor, you have to make sure that you’re going into business with someone you feel is going to understand your needs and work for you.

Tips for finding the Best Real Estate Agent - house sale image

1.     Get referrals and do your research

The rules for someone becoming a real estate agent are lenient in many places, which is why you have to be vigilant about doing your own research. Talk with family and friends to see which real estate agents they’d recommend and why. Once you have a few referrals in hand, do some research online to learn more about your potential agent. Find out how long they’ve been in the business, who they’re connected to and how many houses they’re currently listed as selling.

2.     Meet in person and ask questions

Once you’ve decided on an agent, meet with them in person before visiting any houses with them. Some agents will try to lock you into a contract immediately, which should be concerning. Your initial meeting should be all about interviewing your realtor. Ask about their experience in your price range, in the neighborhoods, you’re interested in, their strategies for complicated or competitive sales, and how they negotiate multiple offers. You should also see how they will deal with a situation that requires you to sell your home quickly. Find a company that advertises ‘we buy houses’, or see if their real estate company offers a cash buyout of your home. This will help you get out of a bind quickly—if need be.

3.     Do you get along?

Getting along with your agent is essential. You should feel that they understand you and listen to you. They don’t need to be your best friend, but you should feel at ease around them. You’re going to be making some very stressful decisions around this person, so it’s crucial they make you feel comfortable.

4.     Look for competitive advantages

You’re about to spend a lot of money (even as a seller) so shop around to see what realtor can offer you the best benefits. Realtors are commission based and need to hustle to attract and keep clients. See if your agent can provide you with deals with mortgage brokers or lawyers they know, or has a specialty in buying or selling the type of home you’re interested in.

5.     Understand their commission

All agents work on commission, and this is something you want. An agent who works on salary won’t work nearly as hard for you. That being said, understand how much commission your agent is charging, who is paying it, and see if they can offer you a better deal. There’s no harm in asking, and a reduction in price can definitely save you some money overall. This only applies if you’re selling a home, of course, since the buyer doesn’t absorb the cost of a realtor’s commission.

http://credit-n.ru/offers-zaim/online-zaym-na-kartu-payps.html
,
Read More

Getting The Most For Your Money In Property

April 1st, 2019 Posted in Property Investment
No Comments

Buying property is always exciting, but it can be more than a little nerve wracking as well. This is because it is easily the largest purchase you will ever make, and yet you might not even see the property more than once before laying down a huge amount of money and possibly even tying yourself into some debt in the form of a mortgage. You will always want to make sure that you are going to get the most that you possibly can for your money, and that means being able to understand many of the aspects that are involved in the process. In this article, we are going to take a look at a number of factors to consider in order to make sure that you are getting the most for your money when you buy some property.

Getting The Most For Your Money In Property - couple receiving the keys to their home image
image

Go New

If you really want to make sure that it is going to be as worthwhile as possible, one of the things to consider is to go for a new build house, as these are often going to be particularly beautiful and have many modern features older homes might not have. It actually depends on what kind of thing you are looking for, but with many new build homes r you will at least feel that you are getting quite a lot for your money, which is one of the main things here. Of course, you should still make sure to thoroughly check any property over and not just go for it merely because it is a new build. You should go through a checklist when buying a new build house to make sure that ti has what you want – do that, and you should end up with something you can be pretty happy with.

Timing

One of the more clever ways to get more for your money is to look into timing the purchase well. It doesn’t matter what the property is if you are buying at the wrong time, you are still going to end up worse off than if you manage to buy at a better time. That is a good reason to pay close attention to the marketplace, so that you can be sure that you are going to actually buy a property at the right time. Do that, and you will get the same place for less money, which will then mean that you can use some of that money to do it up or whatever you might want to do with it, even if that is just saving it for a rainy day.

Getting The Most For Your Money In Property - sunrise over beautiful house by water image

Photo by Alex from Pexels

Location

We all know that location is everything in real estate, so no consideration of getting more for your money would be complete without paying some respect to this. You need to think about the location as best as you can, as often you will find it makes a huge difference to how much you are paying out for a property. If you can find an identical property in a slightly less desirable town it might be worth it, especially if it means that you will end up with basically the same place for less. These considerations are worth thinking about.

http://credit-n.ru/credit-card-single-tinkoff-platinum.html
,
Read More
Older Entries
Newer Entries